Karl Kautsky

The Economic Doctrines of Karl Marx

(1887/1903)

Written: 1887, revised in 1903. This translation is from the revised edition.Translated: H.J. Stenning;Published: N.C.L.C. Publishing Society LTD;Transcribed: Ted Crawford for marxists.org, July, 2002;Transcriber's Note: Despite Lenin’s denunciation of Kautsky this book was considered such an excellent introduction to its subject that it was still being used as a text-book at the Lenin School in Moscow in 1931. This translation is that of 1925 republished by the NCLC in 1936.

X. Machinery and Modern Industry
(1) The Development of Machinery
(2) The Value transferred by Machinery to the Product
(3) The Proximate Effects of Machinery on the Workman
(4) The Machine as "Educator" of the Worker
(5) The Machine and the Labour Market
(6) The Machine as a Revolutionary Agent

PART III.
WAGES AND PROFITS

I. Wages
(1) Changes of Magnitude in the Price of Labour-Power and in Surplus-Value
(2) The Conversion of the Price of Labour-Power into Wages
(3) Time Wages
(4) Piece Wages
(5) National Differences in Wages